Charles Schwab & Co., Inc.

Enhanced capabilities for options and futures trading.

Walt Bettinger, CEO of Schwab,
on optionsXpress. Watch video

Schwab is pleased to announce the acquisition of optionsXpress.

The Charles Schwab Corporation, delivering on its ongoing commitment to enhance our trading capabilities, has acquired optionsXpress, a leader in options and futures trading. Here are just some of the trading capabilities optionsXpress currently offers:

Ability to trade complex options strategies
Spread trading in IRA accounts
Portfolio margining for greater efficiency
Futures trading

It all adds up to enhanced trading capabilities for options and futures, innovative platform capabilities, and exclusive educational resources and commentary.

Call to learn more about optionsXpress.

The Schwab concierge team can help you with answers to your questions.

Call 877-903-7545.

You can also read our FAQs.
Check out optionsXpress online.

Find out more about the trading services from optionsXpress.

Read the FAQs.

Acquisition details

Will Schwab and optionsXpress merge their trading platforms or will Schwab change its platform?
Over time Schwab intends to integrate the optionsXpress and Schwab trading tools to create an optimized trading experience. However, no immediate changes to Schwab trading platforms have been planned.
Opening an account

I’m interested in trading options. Should I open an account at optionsXpress or Schwab?
Choosing a broker for your options trading is your decision. We suggest basing your decision on what suits your needs best.

For help choosing a broker, please call the Schwab concierge team at 877-903-7545.

I am interested in trading futures. Does the acquisition mean I can trade futures in a Schwab account?
No, you will need to open an optionsXpress account to trade futures as Schwab does not currently offer futures trading in a Schwab account. Find out more about optionsXpress’s futures trading capabilities.

(Opening an optionsXpress futures account also entitles you to trade stocks, exchange-traded funds (ETFs), and options all in one account.)

If I open an account at either optionsXpress or Schwab, do I get access to services from both firms?
No, Schwab and optionsXpress are independent broker-dealers and their accounts are separate. To access the account services and features of both firms, you will need to open an account at each firm.

I am interested in opening an optionsXpress account and am already approved to trade options at my current broker. Will I also need to get options approved at optionsXpress in order to trade options there?

Yes, each firm handles options trading approvals separately.

To open an optionsXpress account, please complete an optionsXpress application.

Can I open an optionsXpress account through Schwab.com?
No, you will need to open an optionsXpress account at optionsXpress because Schwab and optionsXpress are independent broker-dealers. To open an optionsXpress account, please complete an optionsXpress application.
Need more information?

Where can I go to learn more about optionsXpress?
Learn more about the full capabilities of optionsXpress or call the Schwab concierge team at 877-903-7545.

Options carry a high level of risk and are not suitable for all investors. Certain requirements must be met to trade options through Schwab. Multiple-leg options strategies will involve multiple commissions. With long options, investors may lose 100% of the principal invested. Spread trading may only be done in margin accounts. Please read the Options Disclosure Document entitled “Characteristics and Risks of Standardized Options” before considering any options transaction.

Futures trading carries a high level of risk and is not suitable for all investors. Certain requirements must be met to trade futures. Please read the Risk Disclosure Statement for Futures and Options before considering any futures transactions.

Trading on margin involves a great deal more risk than cash accounts. Please consider your financial resources, investment objectives, and tolerance for risk to determine if it makes sense for your individual circumstances. Please review the optionsXpress Margin Disclosure Statement and Risks page for specific disclosures and other information about Portfolio Margin.

Some links contained on this page will redirect you to content provided by optionsXpress, Inc. All content is for informational purposes only and does not constitute a solicitation or recommendation by either Schwab or optionsXpress.

Charles Schwab & Co., Inc. (Member SIPC) (“Schwab”) and optionsXpress, Inc. (Member SIPC) (“optionsXpress”) are separate but affiliated companies and subsidiaries of The Charles Schwab Corporation.

Enhanced capabilities for options and futures trading.

Call to learn more about optionsXpress.

Check out optionsXpress online.